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Automotive keyless entry system Market Trends and Forecast, 2018 – 2024


The global Automotive keyless entry system market is estimated to register a CAGR of 13.05% between 2018 and 2024. The market is mainly driven by the increasing regulatory policies that focus on vehicular safety. Increasing development along with investments in innovative and advanced technology, an increase in GDP of China and India are increasing the demand of Automotive keyless entry system market. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World. The market is mainly driven by the increasing client awareness concerning technological changes associated with safety equipment’s. Rising demand for connected vehicles and integration of smartphones can boost vendors to launch advanced and integrated electronic systems within the world market, expected to drive the Automotive keyless entry system market. Due to the high technological adoption in developed countries like U.S., Canada, and France among others. The increasing demand mainly from the developing regions like Middle East & Africa, Asia-Pacific, and South American countries are also driving the market. The emerging markets such as India, China, Brazil, Southeast Asia, and Japan are expected to change the trends and dynamics of the market in the future. High cost of Automotive keyless entry system may hamper the demand for Automotive keyless entry system.

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